The Swedish fashion retailer H&M is at last coming to Iceland.
Contrary to popular fears, there were eleven-times more square meters of housing built in Reykjavík last year than hotel space.
Iceland´s FME financial regulator has released a statement which concludes that Landsbankinn’s conduct in selling its 31.2 percent stake in credit card company Borgun could not be considered in line with normal, healthy trading procedures in the financial market.
One of Air Iceland’s recently purchased Bombardier Q-400 aircraft had to be turned around on its way from Reykjavík to Egilsstaðir, the East Fjords, yesterday, when its hydraulic system malfunctioned.
Such is the demand for Icelandic wool, lopi, that the company Ístex now plans to hire more workers to be able to increase production.
The Icelandic authorities’ contract with Vodafone for the rental of a fiber optic cable owned by NATO did not count as illegal state assistance.
A highly unusual situation arose yesterday at insurance company VÍS: the planned election of a new board of directors was cancelled due to Iceland’s controversial gender quota. But in this rare instance, it was because there were not enough men standing for election.
Adam Hotel, which made headlines earlier this year for recommending that guests drink bottled water, sold at the hotel, instead of from the tap, is in the news again.
A jewelry store, which has been operating on Laugavegur, downtown Reykjavík, since 1904, will be replaced by a tourist shop.
The state prosecutor has filed charges against Lárus Welding, former CEO of Glitnir bank, for breach of trust and market manipulation.
A ship carrying three thousand tons of aluminum from Rio Tinto Alcan in Straumsvík will leave harbor this afternoon, headed for the Netherlands, despite the limited strike meant to prevent all shipping of aluminum from the harbor.
Private consumption in Iceland this year is expected to exceed that of 2007, the year before the financial crisis.
How does an 81-year-old grandma with no prior experience in modeling get a job as a model for the clothing manufacturer 66°North?
ALMC, an asset management company, formerly known as Straumur-Burðarás Investment Bank, has paid between 20 and 30 current and former employees bonuses, estimated to amount to ISK 3.3 billion (USD 25.5 million, EUR 23 million).
When the children in Seyðisfjörður brought their candy home on Ash Wednesday, what awaited them were no sweet tidings.
ORF Genetics has received an ISK 45 million (USD 351,000, EUR 315,000) grant from the EU and the Technology Development Fund to develop a feed enhancer for poultry to prevent campylobacter contamination.